2023 Best Value Colleges for Mining Engineering (Income $48-$75k) in the Rocky Mountains Region

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

Mining Engineering is the 306th most popular major in the country with 314 degrees awarded in 2020-2021. In 2019-2020, mining engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,426 and had an average of $26,873 in loans still to pay off.

Across the Rocky Mountains region, there were 70 mining engineering graduates with average earnings and debt of $69,334 and $25,500 respectively.

For this year’s “Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $48-$75k” ranking, we looked at 2 colleges that offer a degree in mining engineering. The schools that top this list are recognized because they have great mining engineering programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the mining engineering program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $48-$75k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $48-$75k.

Top 2 Best Value Colleges for Mining Engineering (Income $48-$75k) in the Rocky Mountains Region

1

Colorado School of Mines
Golden, Colorado

#1 in overall quality

$24,461 Average Net Price

$72,191 Average Early-Career Earnings

You’ll be in good company if you decide to attend Colorado School of Mines. It ranked #1 on our 2023 Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $48-$75k list. Mines is a public institution located in Golden, Colorado. The school has a medium-sized population, and it awarded 41 ’s degrees in 2020-2021.

Mines also took the #1 spot in our “Best Mining Engineering Schools in the Rocky Mountains Region” ranking. The estimated yearly cost for Mines is $24,461 for Rocky Mountains Region Mining Engineering students whose families make $48-$75k.

With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Read full report on Mining Engineering at Colorado School of Mines

2

Montana Technological University
Butte, Montana

#2 in overall quality

$16,499 Average Net Price

$63,042 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Montana Technological University. The school came in at #2 for the Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $48-$75k. Montana Tech is a small school located in Butte, Montana that handed out 21 ’s mining engineering degrees in 2020-2021.

In addition to being on our rocky mountains region mining engineering students whose families make $48-$75k list, Montana Tech has also earned the #2 rank in our “Best Mining Engineering Schools in the Rocky Mountains Region” ranking. It costs about $16,499 for rocky mountains region mining engineering students whose families make $48-$75k per year to attend Montana Technological University.

Read more about Mining Engineering at Montana Tech

• Best Value Colleges for Mining Engineering (Income $48-$75k)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to Alastair Rae.